NOT LISTED FOR SALE

Estimated Value: $1,194,000 - $1,671,000

2 Beds
2 Baths
-- Sq Ft
6,227 Sq Ft Lot

Last Sold October 11, 2019

Last sale price $780,000

Est. 78% increase in value since last sale

Current estimated payment $8,659/month

3 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 1-Story Property
  • McKinley Elementary School Rated A

About This Home

As of October 2019

AMAZING POTENTIAL!! Beautiful "gumwood" in front area with built-in fixtures. Home is zoned as R2 Minor. Two legal one bedroom units with a third studio. All contiguous. Live in a one bedroom and receive income from two rear units rented under market at $1,900 per month for both, could receive about $3,000. If lived in the studio could receive over $4,000 for rents. Rent all three for about $5,000. OR remove one or both units and own a 3-4 bedroom home in a great area close to all the action.

Last Agent to Sell the Property

Frank Atrash

Frank Atrash Realty License #01892323 Listed on: 08/08/2019

Last Buyer's Agent

Frank Atrash

Frank Atrash Realty License #01892323 Listed on: 08/08/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,351

Year Built

  • Built in 1920

Lot Details

  • 6,227 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinklers on Timer

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $17,000

Listing and Financial Details

  • Assessor Parcel Number 453-551-13-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,351

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Redwood
  • Neighborhood: Frary Heights
  • Stories: 1 Story
  • Sale Price List Price: 0.92
  • Total Stories: 1
  • Year Built: 1920
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Irrigation: Automatic
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Curbs, Public Street
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 453-551-13-00
  • Estimated Lot Sq Ft: 6227
  • Estimated Number of Acres: 0.14
  • Map Code Column: E
  • Map Code Page: 1269
  • Map Code Row: 7

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 17000
  • Annual Expense Actual: 5000
  • Gross Rent Multiplier Actual: 37.0
  • Gross Sched Income Actual: 22800
  • Number Of Buildings: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Aug 20, 2019
Sold by
Tyrell Jachin Boaz and Tyrell Marguerite
Bought by
Itzhaki Shlomo and Itzhaki Cynthia
Seller's Agent
Frank Atrash
Frank Atrash Realty
Buyer's Agent
Frank Atrash
Frank Atrash Realty
List Price
$849,000
Sold Price
$780,000
Premium/Discount to List
-$69,000
-8.13%
Total Days on Market
3
Current Estimated Value
$1,388,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,865
Avg. Annual Appreciation
10.71%

Purchase Details

Closed on
Feb 28, 1985
Bought by
Tyrell Jachin B Marguerite
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Itzhaki Shlomo $780,000 Fidelity Natl Ttl San Diego
Tyrell Jachin B Marguerite $74,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Itzhaki Shlomo $546,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $780,000 0.0% --
08/12/2019 08/12/19 Pending -- -- --
08/09/2019 08/09/19 Off Market $780,000 -- --
08/08/2019 08/08/19 For Sale $849,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,351 $836,313 $688,793 $147,520
2023 $10,121 $819,916 $675,288 $144,628
2022 $9,851 $803,841 $662,048 $141,793
2021 $9,781 $788,080 $649,067 $139,013
2020 $9,663 $780,000 $642,412 $137,588
2019 $1,976 $154,738 $127,443 $27,295
2018 $1,850 $151,705 $124,945 $26,760
2017 $80 $148,732 $122,496 $26,236
2016 $1,775 $145,817 $120,095 $25,722
2015 $1,749 $143,628 $118,292 $25,336
2014 $1,723 $140,815 $115,975 $24,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190044064

San Diego MLS

APN: 453-551-13